Background
Joseph Murphy Jr. was born on March 13, 1930 in Minneapolis, Minnesota, United States. He was the son of Joseph and Ann (Hynes) Murphy.
(This book describes how to use statistical techniques to ...)
This book describes how to use statistical techniques to manage risk and improve returns. By estimating the probability of various investment outcomes in advance, investors can make better-informed decisions. Joseph Murphy shows how statistical tools and techniques such as standard deviation, dispersion and distributions can be profitably applied to the stock market. Completely updated and revised it provides investors with a sound and rational method for beating the market. Specific topics include: Statistics and historic stock market returns; Calculate the odds of an advance or decline in a stock; Estimate returns on a mutual fund; Diversification through time; The five laws of finance.
http://www.amazon.com/gp/product/1557385645/?tag=2022091-20
(Bond Tables of Probable Future Returns is designed to aid...)
Bond Tables of Probable Future Returns is designed to aid in the evaluation of the effect on bond returns of interest rate risk. The tables do not predict the direction of bond returns; instead they provide probable ranges to which the current return on a particular maturity bond may rise or fall by a specific date in the future. The tables are arranged by initial yields to maturity. The tables present probabilities for initial yields of from 0.5% to 20% for 15 bond maturities and 35 forecast periods. Each table gives nine probabilities, one for no change in rates, four for declines in rates and four for increases. Six probabilities are given: 50%, 40%, 30%, 20%, 10% and 5%. The level above which returns will probability rise (or fall) is given for each probability. The tables offer a more precise method of evaluating the effect on bond returns of interest rate risk than has been previously available. If you plan to invest in short bonds in hopes of a rise in rates, the tables provide the probabilities of a potential rise in returns as well as the risks of a decline in returns. The tables offer a unique approach to evaluating the effect on bond returns of interest rate risk. The tables are based on the fact that the volatility of interest rates is a function of the forecast period, the maturity of the bond and the current level of rates. Probable changes in returns can be calculated from probable changes in bond yields and prices. The probable future returns are based on the yields and prices contained in Bond Tables of Probable Future Yields and Bond Tables of Probable Future Prices.
http://www.amazon.com/gp/product/0964629267/?tag=2022091-20
Joseph Murphy Jr. was born on March 13, 1930 in Minneapolis, Minnesota, United States. He was the son of Joseph and Ann (Hynes) Murphy.
Murphy graduated from the Blake School. He majored in history and joined Quad at Princeton University in 1952. He also attended the University of Minnesota in 1956-58.
Murphy started his career, serving as a lieutenant in the U. S. Army from 1952 till 1955. After that, Murphy had a banking career at Northwestern National Bank, where he led the way in use of computers for financial analysis till 1983. He also served as a chairperson for Midwest Communications, a television and radio company, in 1990-92, and was a member of board of trustees at Macalester College since 1973 till 1985.
Murphy's last activities included service on the boards of a number of prominent institutions in the Twin Cities and writing of some books.
(Bond Tables of Probable Future Returns is designed to aid...)
(This book describes how to use statistical techniques to ...)
(Book by Murphy, Joseph E, Murphy, Joseph E.)
Murphy belonged to the World Federalists and the Minnesota Club, served as president of the Mountaineering Club, and was an announcer on WPRU.
Murphy was married to Diana S. Murphy. The couple had 2 sons - Michael and John.